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US Lifts Quarterly Borrowing Above Forecasts to $243 Billion

US Lifts Quarterly Borrowing Above Forecasts to $243 Billion
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US Treasury Cuts Quarterly Borrowing Estimate to $760 Billion

The US Treasury reduced its estimate for federal borrowing for the current quarter despite a widening in the fiscal deficit a reduction unexpected by many dealers.

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Treasury cuts quarterly borrowing estimate to $760 billion

(Bloomberg) The US Treasury reduced its estimate for federal borrowing for the current quarter, a move unexpected by many dealers, helping stoke rallies in bonds and stocks Monday.Most Read from BloombergTraders Line Up for ‘Once-in-a-Generation’ Emerging Markets BetTrump Cash Stockpile at Risk From $450 Million Dual VerdictsBlackstone Is Building a $25 Billion Empire of Power-Hungry Data CentersAmazon Drops iRobot Deal; Roomba Maker Cuts 31% of StaffUS Weighs Response to Deadly Drone Attack

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US Treasury Cuts Quarterly Borrowing Estimate to $760 Billion

US Treasury Cuts Quarterly Borrowing Estimate to $760 Billion
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Jay barryLou crandall at wrightsonTreasury departmentFederal reserveJpmorgan chase coWall streetBloomberg intelligence

The Big Bond Market Event Wednesday Is at Treasury, Not the Fed

The so-called quarterly refunding announcement will reveal the extent to which the Treasury will ramp up sales of longer-term debt to fund a widening budget deficit.

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